How We 1031 Exchanged Into A Swimming Pool for Our Personal Residence

So, simple definitions before we dive into this blog post. 1031 Exchange: is essentially a code in the IRS rules that allow you to postpone paying taxes on any gains (in our case, from a real estate transaction) if you reinvest those gains into a similar or qualifying like-minded property. There are other rules, like … Continue reading How We 1031 Exchanged Into A Swimming Pool for Our Personal Residence